Black River, NY Economy


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Black River, NY is a small town located along the Black River in northern New York. It’s known for its scenic beauty and low cost of living – the 2 bedroom rent is about $1,080 compared to the US average of $1,430. Its grocery cost index is around 101 compared to 100 in the US. The Black River area offers plenty of outdoor activities such as hiking, camping, fishing and kayaking in the nearby Adirondack Park. The region also boasts attractions such as Enchanted Forest Water Safari and Fort Drum Military Museum. Local businesses include Hillside Country Store, Wilder's Restaurant & Pub, Black River Drive-In Theater, and Lewis County Golf Course.

Black River has an unemployment rate of 7.1%. The US average is 6.0%.

Black River has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 16.3%, which is lower than the US average of 33.5%.

Tax Rates for Black River
- The Sales Tax Rate for Black River is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Black River is 6.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Black River
- The average income of a Black River resident is $25,907 a year. The US average is $28,555 a year.
- The Median household income of a Black River resident is $64,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBlack River, New YorkUnited States
  7.16
  -4.5%-6.2%
  16.3%33.5%
  8.0%6.2%
  6.2%4.6%
  $32,749$37,638
  $64,167$69,021
  $76,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.7%6.8%
  7.4%10.0%
  3.1%2.5%
  18.9%11.0%
  3.4%4.8%
  1.2%0.8%
  2.7%1.9%
  3.9%4.7%
  1.5%1.9%
  7.4%7.6%
  0.0%0.1%
  3.1%4.2%
  12.4%9.3%
  17.3%14.0%
  3.8%2.1%
  1.7%7.0%
  2.7%4.8%
  8.7%4.7%
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